The Massachusetts Gaming Commission has awarded the Boston-area casino license to Wynn Resorts, which plans to build a casino resort in Everett.
The commissioners voted 3-1 to award the license to casino mogul Steve Wynn.
The decision means Suffolk Downs, in neighboring Revere, will not get a casino built by Mohegan Sun.
"We are extraordinarily disappointed as this action is likely to cost the commonwealth thousands of jobs, small business and family farms," said Suffolk Downs Chief Operating Officer Chip Tuttle. "We will be meeting with employees and horsemen over the next several days to talk about how we wind down racing operations as a 79-year legacy of thoroughbred racing in Massachusetts will be coming to an end, resulting in unemployment and uncertainty for many hard-working people."